APO Apollo Global Management Inc

Item 8.01 Other Events.

Senior Managing Director and Director, Marc Rowan, provided notice to Apollo Global Management, Inc. (the “Company”) that he adopted a trading plan pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended (the “10b5-1 Plan”) under the Seventh Amended and Restated Exchange Agreement, dated July 29, 2020, by and among the Company, the Apollo Principal Entities defined therein and the Apollo Principal Holders defined therein.

The 10b5-1 Plan currently contemplates sales relating to up to approximately 6.5 million Apollo Operating Group units (the “AOG units”) that are exchangeable into shares of Class A common stock of the Company (the “Class A shares”) subject to compliance with, among other things, Rule 144 under the Securities Act of 1933, as amended. The AOG units subject to the 10b5-1 Plan are divided into three tranches to limit the amount of Class A shares that may be sold unless the price is above certain price targets for each tranche, which range from $50 to $60. After giving effect to such transactions, Mr. Rowan and his affiliated entities will beneficially own approximately 30.5 million Class A shares (on an as converted basis). Mr. Rowan and his affiliated entities intend to use approximately 5.5 million of such Class A shares primarily for charitable purposes and intend to hold approximately 25 million AOG units that he and his affiliated entities beneficially own for an extended period of time.